The United Nations is looking to 2015 but Australia is keen to erase the past. The result, Bloomberg reported Friday, is another setback in the global drive to tackle climate change.
The UN wants to seal a global climate deal next year and action by Australia — which has the highest per-capita fossil fuel emissions among industrial countries — is a key factor in convincing China and India to sign up. The two developing economies are hesitant to do more without commitments from industrialized nations, including Australia.
But Australia’s new government and other politicians are scrapping over the best way to pull down the existing system, the report said.
Prime Minister Tony Abbott wants to eliminate the world’s highest priced carbon permits and replace them with grants for companies and projects to cut emissions.
Mining mogul-politician Clive Palmer says the program is a waste of money. The Climate Institute chief executive John Connor says Australia is on the path to becoming a “climate policy wasteland”.
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